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LOCAL ENERGY SAVING SOLUTIONS 2

Active
Public limited companyfounded 2017active for 9 yearsNieuwewandeling 62, 9000 Gent, Belgium95 active companies are registered at this addressKBO/BCE: BE 0668.714.634
Summary

LOCAL ENERGY SAVING SOLUTIONS 2 has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€166,281) and a net result of -€11,583. Equity is shrinking by about 67% per year across the filed financial years. Its solvency ranks better than 8% of 2,547 sector peers (NACE 71, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
LOCAL ENERGY SAVING SOLUTIONS 2ActiveChecked score 54/100
Risk analysis ReportCompare

Overview

Activity
Engineering and related technical consultancy, excluding land surveyors
NACE 71121
1 site
Size
€1.4mtotal assets 2025
Equity
-€166,281
Loss
-€11,583
Turnover not published (abbreviated format)
Financial health
54 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
0.2%
Structure
Largest shareholder
IMPACT CAPITAL · 45%
2025 accounts 18 days early1 of 6 deeds summarised
Why 54raises riskCapped at 59: negative equityNegative equity -€166,281lowers riskSize: total assets €1.4mSector: Architectural and engineering activities; technical testing and analysis (NACE 71)Legal form: public limited companyShow the evidence

Checked score

Score 2025
54 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 25% of its sector peers (NACE 71, micro)
Negative equity caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Average
Solvency 13-4
equity -11.8% of total assets
Liquidity 53-2
short-term debt 26.9% · cash 11.1%
Profitability 68+8
return on assets -0.8%
Bankruptcy probability, 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (14,810 companies, NACE 71, micro)
Last 24 months 11-2024: 0.2% 12-2024: 0.2%● unchanged vs 11-2024 01-2025: 0.2%● unchanged vs 12-2024 02-2025: 0.2%● unchanged vs 01-2025 03-2025: 0.2%● unchanged vs 02-2025 04-2025: 0.2%● unchanged vs 03-2025 05-2025: 0.2%● unchanged vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025 07-2025: 0.2%● unchanged vs 06-2025 08-2025: 0.2%● unchanged vs 07-2025 09-2025: 0.2%● unchanged vs 08-2025 10-2025: 0.2%● unchanged vs 09-2025 11-2025: 0.2%● unchanged vs 10-2025 12-2025: 0.2%● unchanged vs 11-2025 01-2026: 0.3%▲ +0.1 percentage points vs 12-2025highest value 02-2026: 0.2%▼ -0.1 percentage points vs 01-2026 03-2026: 0.2%● unchanged vs 02-2026 04-2026: 0.2%● unchanged vs 03-2026 05-2026: 0.2%● unchanged vs 04-2026 06-2026: 0.2%● unchanged vs 05-2026lowest value 07-2026: 0.2%● unchanged vs 06-2026lowest value 08-2026: 0.2%● unchanged vs 07-2026 09-2026: 0.2%● unchanged vs 08-2026 10-2026: 0.2%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.89, compared with 1.16 in 2024, below 1; short-term debt: 26.9% and cash: 11.1% of total assets), and equity is negative.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 71, micro): better than 7% on solvency, 38% on liquidity, 29% on profitability and 25% on growth.

The bankruptcy probability was computed on 26-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Six signals.
lowers riskraises riskneutral
raises risk · Negative equity -€166,281
NBB · annual accounts
lowers risk · Size: total assets €1.4m
Companies of this size fail less often; how much that weighs depends on the rest of its profile.
NBB · annual accounts
lowers risk · Sector: Architectural and engineering activities; technical testing and analysis (NACE 71)
KBO
lowers risk · Legal form: public limited company
KBO
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
19202122232425
2019 to 2025 · latest year -€166,281
neutral · Latest accounts filed on time
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 13-01-2026, 18 days ahead of the deadline.
NBB · 8 filings
Deviation from the deadline
2025
18 days early
2024
23 days early
2023
14 days early
2022
4 days early
2021
on the day
2020
26 days late
2019
28 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 9 days before the deadline; the sector median (NACE 71) for financial year 2024 is 8 days before the deadline, and 34% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 17 January (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end27-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · abbreviated…
  2. Annual accounts filedfinancial year 2024 · abbreviated…
  3. Annual accounts filedfinancial year 2023 · abbreviated…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€166,281 View
  • Risk: 7 loss-making years in a rowloss financial year 2025 -€11,583 View
  • Caution: Among the weakest 5% on equitysector median €194,907 · 2,549 companies -€166,281 View
  • Positive: Filed on time since financial year 2021accounts within the deadline every year 5 years View

By topic

Financials

Financial year
2025
Total assets
€1.4m
Loss
-€11,583
Solvency
-11.8%
Total assets▼ 25.5%
Net result
20192025
Go to Financials

Timeline

Events
9
Since
2019
Next accounts
by 31-01-2027
  1. 27-07-2023Amendment of the articles · Miscellaneous
  2. 27-01-2023Annual accounts filed
  3. 31-01-2022Annual accounts filed
Go to Timeline

Company details

Sites
1
Legal form
Public limited company
Activity
Engineering and related technical consultancy, excluding land surveyorsNACE 71121
Founded
04-01-2017
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Articles of association

Provisions read
17
Annual meeting
Second Monday of November at 17:00
Purpose
“De investering in,de studie,de bouw,het beheer,het onderhoud,de uitbating,de ontwikkeling…” (deed in Dutch)
Go to Articles of association

Key facts about LOCAL ENERGY SAVING SOLUTIONS 2

What is the company number of LOCAL ENERGY SAVING SOLUTIONS 2?
0668.714.634. In Belgium the VAT number is the company number with BE in front: BE 0668.714.634.
Where is LOCAL ENERGY SAVING SOLUTIONS 2 based?
The registered office is at Nieuwewandeling 62, 9000 Gent.Company details
What does LOCAL ENERGY SAVING SOLUTIONS 2 do?
According to the KBO register, the main activity is engineering and related technical consultancy, excluding land surveyors (NACE 71121).
What is the legal form of LOCAL ENERGY SAVING SOLUTIONS 2?
Public limited company (NV).
When was LOCAL ENERGY SAVING SOLUTIONS 2 founded?
On 04-01-2017.
Is LOCAL ENERGY SAVING SOLUTIONS 2 still active?
Yes, LOCAL ENERGY SAVING SOLUTIONS 2 is an active enterprise in the KBO register.
What is the turnover of LOCAL ENERGY SAVING SOLUTIONS 2?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is LOCAL ENERGY SAVING SOLUTIONS 2 profitable?
In financial year 2025, LOCAL ENERGY SAVING SOLUTIONS 2 made a loss of €11,583.
Where can I find the annual accounts of LOCAL ENERGY SAVING SOLUTIONS 2?
LOCAL ENERGY SAVING SOLUTIONS 2 filed 8 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of LOCAL ENERGY SAVING SOLUTIONS 2 due?
By 31-01-2027, for financial year 2026.Timeline

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